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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.05+2.9%Jan 5 3:59 PM EST
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To: Derrick P. who wrote (48441)3/31/1999 7:37:00 PM
From: Sarmad Y. Hermiz   of 164684
 
>> The same can be said of all the internet stocks, (Price/Book). So, what's your point?

Let's say at your work your CEO purchased a company for $5.7 Billion whose technology and assets can be assembled for $100 Million. You'd think he was not being wise and doing the best for his shareholders.
And the next day you might sell your stock in disgust.
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